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Fast Money Picks For January 12th (X, CVC, FXB, USB)
Monday, January 11, 2010 - 7:47pm | 145CNBC's Fast Money traders gave their picks for Tuesday, January 12th. Tim Seymour wants to buy United States Steel Corporation (NYSE: X) on the dip. He would pay $58. US Steel (X) fell 3.69% today and closed at $62.93. Guy Adami would go long on Cablevision (NYSE: CVC) and Joe Terranova is bullish...
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Adverse Court Ruling Not To Affect Finisar’s Valuations (FNSR, DTV)
Monday, January 11, 2010 - 10:21am | 75Courts have again ruled against Finisar (NASDAQ: FNSR) in its long running ‘505’ patent case against DirecTV (NYSE: DTV) and others. Paul Bonenfant, analyst at Morgan Keegan, believes that most investors have factored in an adverse ruling and never expected Finisar obtaining a monetary reward from...
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Stock Quotes and TV Ratings of Top Four American Broadcasting Television Network (NWS, CBS, GE, DIS)
Thursday, January 7, 2010 - 2:29pm | 269The big four of America’s broadcast television have shown a 4% year-on-year growth on average, according to a report by Goldman Sachs on Americas Entertainment. America’s big four consist of FOX Broadcasting Company (NASDAQ: NWS), CBS Inc,(NYSE: CBS), National Broadcasting Company (NBC) run by...
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Cablevision Systems Corporation (CVC) Warns Of Rising TV Bundle Prices
Thursday, January 7, 2010 - 12:13pm | 233Jim Dolan, the Chief Executive of Cablevision Systems Corporation (NYSE: CVC) warned on Wednesday that basic cable TV packages will cost consumers more than $100 a month if program makers’ demands are met. Mr. Dolan said that aggressive demands for fee increases by program makers would eventually...
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Comcast (CMCSA) Review To Be Headed By Justice Department
Thursday, January 7, 2010 - 12:11pm | 106The Justice Department announced it will be taking the lead role in assessing Comcast's (NASDAQ: CMCSA) plan to buy a controlling stake in NBC Universal (NYSE: GE), clearing up some confusion as to whether the Justice Department or the Federal Trade Commission would handle the antitrust review....
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Top 5 Large-Cap Stocks That May Keep Up Their Rally in Q1 (DTV, MHS MCD, CL, GIS)
Wednesday, January 6, 2010 - 1:39pm | 350Colgate-Palmolive (NYSE: CL) has a quick ratio of 0.7, which indicates less-than-ideal liquidity. However, CL’s leverage is better than the ideal level, as the company’s debt-to-equity ratio is 1.1. CL’s shares have risen 21% over the past year, exceeding the Dow Jones Industrial Average, albeit...
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Company News for January 04, 2010 - Corporate Summary
Monday, January 4, 2010 - 10:07am | 188• European shares are up on merger news. Novartis (NYSE:NVS) took steps to acquire the rest of Alcon (NYSE:ACL) from Nestle for $28.1 billion, noting intentions to purchase the remaining shares • Media reports said Kraft Foods (NYSE:KFT) will raise its hostile bid for Cadbury (NYSE:CBY). Some...
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Time Warner Cable (TWC) And News Corporation (NWSA) Deadline Nears
Thursday, December 31, 2009 - 2:12pm | 210Time Warner Cable (NYSE: TWC) And News Corporation (NYSE: NWSA) haven't reached an agreement over TV-programming fees yet, which means that News Corp. (NWSA) channels could go off the air in Time Warner Cable systems on midnight, December 31th. News Corp. (NWSA) is seeking $1 monthly subscribing...
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Company News for December 31, 2009 - Corporate Summary
Thursday, December 31, 2009 - 9:59am | 216• A spat between the Fox division of News Corp. (NASDAQ:NWSA) and Time Warner Cable (NYSE:TWC) threatens to cause a midnight blackout of Fox programming, as Fox seeks $1/month/subscriber and Time Warner is willing to pay 20 cents. • Piper Jaffray (NYSE:PJC) maintains an "overweight" rating on...
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US Markets Shed Gains For The Second Consecutive Day (AMZN, CBS, NEM, ABX)
Wednesday, December 30, 2009 - 3:03pm | 262US stocks opened slightly higher this morning after a report pointed towards a recovery in manufacturing in the Chicago region. However, stocks started struggling by mid day, falling from the 2009 highs achieved over the past couple of days. While the Dow Jones Industrial Average (NASDAQ: INDU)...
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Apple To Sell Tablets By March (AAPL, CBS, DIS)
Wednesday, December 30, 2009 - 9:13am | 123Gene Munster, analyst at Piper Jaffray, said that his conversations with Taiwanese component suppliers last week reaffirm his belief that Apple (NASDAQ: AAPL) will, in all likelihood, ship a tablet by March; with an unveiling coming in late January. Munster believes that the unannounced product...
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DTV Announce Price Increases For Popular Packages
Tuesday, December 29, 2009 - 1:45pm | 120Analysts at Morgan Stanley maintain their "overweight" rating on DirecTV Group Inc (NYSE: DTV). The target price for DTV is set to $39. According to Morgan Stanley, the successful launch of DirecTV’s DirecTV 12 is expected to increase the company’s national HD capacity by around 50% to more than...
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Wells Fargo Remains Positive On Outperform Rating For DISCA, NWSA, TWX, CBS
Thursday, December 24, 2009 - 12:02pm | 102Wells Fargo released its market update for the media and broadcasting sector. It has noted that Q4 network cable scatter remains 20%+ versus the upfront in some cases. Scatter for Q1 2010 remains strong and Wells Fargo expects the scatter to moderate due to the Olympics (2/12-2/28). Wells Fargo...
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Walmart (WMT) And Comcast (CMCSA) For 2010
Tuesday, December 22, 2009 - 2:00pm | 148In an interview with CNBC, Bill Smead, CEO & CIO of Smead Capital Management, has listed Walmart (NYSE: WMT), Comcast (NASDAQ: CMCSA), Bank of New York Mellon (NYSE: BK) and Bristol-Myers Squibb (NYSE: BMY) as his favorite stocks for 2010. According to him, investors should look into the...
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CBS And Disney To Join Hands With Apple (CBS, DWS, AAPL, NWS)
Tuesday, December 22, 2009 - 11:32am | 124According to the Wall Street Journal, content providers CBS (NYSE: CBS) and Disney (NYSE: DWS) are considering participation in Apple’s (NASDAQ: AAPL) plan to offer television subscriptions over the Internet. A few days back, News Corp (NYSE: NWS) also evinced interest in a similar deal. Apple is...